Compensation
Compensation Com`pen*sa"tion, n. [L. compensatio a weighing, a balancing of accounts.] 1. The act or principle of compensating. --Emerson. [1913 Webster]

2. That which constitutes, or is regarded as, an equivalent; that which makes good the lack or variation of something else; that which compensates for loss or privation; amends; remuneration; recompense. [1913 Webster]

The parliament which dissolved the monastic foundations . . . vouchsafed not a word toward securing the slightest compensation to the dispossessed owners. --Hallam. [1913 Webster]

No pecuniary compensation can possibly reward them. --Burke. [1913 Webster]

3. (Law) (a) The extinction of debts of which two persons are reciprocally debtors by the credits of which they are reciprocally creditors; the payment of a debt by a credit of equal amount; a set-off. --Bouvier. --Wharton. (b) A recompense or reward for some loss or service. (c) An equivalent stipulated for in contracts for the sale of real estate, in which it is customary to provide that errors in description, etc., shall not avoid, but shall be the subject of compensation. [1913 Webster]

{Compensation balance}, or {Compensated balance}, a kind of balance wheel for a timepiece. The rim is usually made of two different metals having different expansibility under changes of temperature, so arranged as to counteract each other and preserve uniformity of movement.

{Compensation pendulum}. See {Pendulum}.

Syn: Recompense; reward; indemnification; consideration; requital; satisfaction; set-off. [1913 Webster]


The Collaborative International Dictionary of English. 2000.

Synonyms:

Look at other dictionaries:

  • compensation — [ kɔ̃pɑ̃sasjɔ̃ ] n. f. • 1290; lat. compensatio, de compensare 1 ♦ Avantage qui compense (un désavantage). Compensation reçue pour des services rendus, des dommages. ⇒ indemnité; dédommagement, réparation, soulte. « Une augmentation de cent… …   Encyclopédie Universelle

  • compensation — com·pen·sa·tion /ˌkäm pən sā shən/ n 1: the act of compensating 2 in the civil law of Louisiana: the ending of mutual obligations between two people for money or quantities of fungible things usu. by operation of law but sometimes by an agreement …   Law dictionary

  • Compensation — • Denotes the price paid for human exertion or labour Catholic Encyclopedia. Kevin Knight. 2006. Compensation     Compensation     † …   Catholic encyclopedia

  • compensation — COMPENSATION. s. f. Estimation par laquelle on compense une chose avec une autre. Juste compensation. Compensation équitable. Faire compensation. Compensation de dépens. Il eut tant par compensation. C est une maxime de Droit, que compensation n… …   Dictionnaire de l'Académie Française 1798

  • Compensation — can refer to: Financial compensation, various meanings Compensation (chess), various advantages a player has in exchange for a disadvantage Compensation (engineering) Compensation (essay), by Ralph Waldo Emerson Compensation (film), a 2000 film… …   Wikipedia

  • compensation — Compensation. subst. f. v. Estimation par laquelle on compense une chose avec une autre. Juste compensation. compensation équitable. faire compensation. compensation de despens. il eut tant pour la compensation, C est une maxime du Palais, que… …   Dictionnaire de l'Académie française

  • Compensation — (v. lat. Compensatio, Abrechnung), 1) Zahlung einer Schuld durch Abrechnung einer Gegenforderung an den Gläubiger. Sie wird häufig als Einrede gegen die Klage des Gläubigers geltend gemacht, daher Exceptio compensationis. Erfordert wird, daß… …   Pierer's Universal-Lexikon

  • compensation — compensation. См. компенсация. (Источник: «Англо русский толковый словарь генетических терминов». Арефьев В.А., Лисовенко Л.А., Москва: Изд во ВНИРО, 1995 г.) …   Молекулярная биология и генетика. Толковый словарь.

  • compensation — late 14c., action of compensating, from L. compensationem (nom. compensatio) a weighing one thing against another, a balancing, noun of action from compensare (see COMPENSATE (Cf. compensate)). Meaning what is given in recompense is from c.1600;… …   Etymology dictionary

  • compensation — [n] repayment; rectification advantage, allowance, amends, atonement, benefit, bonus, bread*, consideration, counterclaim, coverage, damages, defrayal, deserts*, earnings, fee*, gain, honorarium, indemnification, indemnity, meet, pay, payment,… …   New thesaurus

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